Concerns over inflation have not disappeared.
More Quotes from John Person:
The targets of 600 to 625 are more and more a reality and mostly justified as concerns on inflation, geopolitical pressures in the Middle East and now with rates at comfortable levels, central bankers are stuck in a rock and a hard place.John Person
With the overhanging cloud of the Iraqi situation, renewed fears of terrorism and tensions with North Korea, this market breeds fear, and fear drives stock prices lower.
John Person
The real culprit is certainly the unforeseen supply disruptions that could develop out of the Middle East, so the crude-oil markets will remain on the defensive and prices will probably stay above 60 for the remainder of the first quarter.
John Person
If the core rate shows lower inflation than expected, it will give a hint that the Federal Reserve is close to the end of its rate hikes, and this would give equity markets a boost overall,
John Person
Mild weather is the culprit. Inventories are plentiful as well and imports of LNG liquefied natural gas and pipelines in the Gulf are passing through ample storage supplies.
John Person
This is big news. This is a good step forward for Hewlett-Packard. With her departure, the company will look forward to having new leadership ... so the market is looking at this as a positive for stocks, especially the tech sector.
John Person
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